D.R. Horton starting on Central Maui subdivision

D.R. Horton’s Hawaii Division has started construction on the first of 60 single-family homes at the Traditions subdivision in Central Maui, which is part of the 1,100 home Maui Lani master-planned golf course community.

The remaining 93 lots in the Traditions subdivision are being developed by Traditions LLC, a subsidiary of Maui Lani Partners, which oversees the entire master-planned community.

Vertical Construction, a subsidiary of D.R. Horton, is the general contractor for its part of the subdivision.

The three- and four-bedroom homes, with 1,250 square feet to 1,502 square feet, will range in price from $300,000 to $400,000. They will feature three different floor plans and energy features such as being photovoltaic and electric vehicle ready.

The first homes being built by Vertical Construction are scheduled to be completed sometime in September, with the total amount done in two years.

Tracy Nagata, D.R. Horton Hawaii vice president of design and purchasing, said she projects the Traditions build-out will generate about 45 full-time construction jobs during the 18-month development period.

Despite single-family home sales on Maui being down 12 percent last month compared to the same month last year, Nagata said she’s confident that D.R. Horton will be able to sell all of its homes.

Within the Maui Lani master-planned community, D.R. Horton has or will develop 646 homes, including the entire 277 residences in The Legends subdivision and at Na Hoku, where it will finish all 161 homes by the end of this year.

“We believe there is a strong single-family [home] market on Maui, but with everything else, we are being cautious and felt that 60 was a good target number,” Nagata said.

Barbara Kojima, general manager of the Maui Lani Community Association, told PBN that it really hasn’t seen a big lag in sales and instead has witnessed a continuation of growth from subdivision to subdivision.

“[Traditions is] one of those pieces in the community, and this is just an addition to the continued expansion,” Kojima said.